Motley Fool

3 Top Energy Dividend Stocks to Buy in October

Sure, solely buying income-generating stocks means you would have missed out on some of the stock market’s most successful companies, such as Amazon.com and Netflix, which don’t pay dividends but since 2002 have risen 17,500% and 49,400%, respectively, compared to the S&P 500’s 309% gain. Like many large oil companies, Chevron (NYSE: CVX) suffered big losses during the early months of the pandemic. As economic activity around the world all but came to a standstill and demand for oil plunged, this energy giant engineered dramatic cost-cutting initiatives while also making opportunistic acquisitions of Noble Energy and Noble Midstream Partners.

LEAVE A REPLY

Please enter your comment!
Please enter your name here